{
  "url": "https://openlegislation.uk/benchmarks-amendment-and-transitional-provision-eu-exit-regulations-2019/regulation-26",
  "json_url": "https://openlegislation.uk/benchmarks-amendment-and-transitional-provision-eu-exit-regulations-2019/regulation-26.json",
  "legislation": "uksi/2019/657",
  "legislation_title": "The Benchmarks (Amendment and Transitional Provision) (EU Exit) Regulations 2019",
  "legislation_url": "https://openlegislation.uk/benchmarks-amendment-and-transitional-provision-eu-exit-regulations-2019",
  "path": "regulation/26",
  "kind": "regulation",
  "number": "26",
  "heading": "Use of a benchmark",
  "text": "(1) Article 29 (use of a benchmark) is amended as follows.\n(2) In paragraph 1—\n(a) for “Union”, where it first occurs, substitute “ United Kingdom ”;\n(b) for the words from “benchmark is provided by” to the end substitute—\n“benchmark:\n(a) is on the FCA register; or\n(b) is provided by an administrator who is on the FCA register and located in the United Kingdom.”.\n(3) In paragraph 2—\n(i) for “under Directive 2003/71/EC or Directive 2009/65/EC” substitute “ in accordance with rules made by the FCA under section 84 or 248 of FSMA, as those rules have effect on IP completion day ”;\n(ii) for “register referred to in Article 36 of this Regulation” substitute “ FCA register ”.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in reg. 26(3)(i) substituted (30.12.2020) by The Financial Services and Economic and Monetary Policy (Consequential Amendments) (EU Exit) Regulations 2020 (S.I. 2020/1301), regs. 1, 3, Sch. para. 34(f)"
    },
    {
      "type": "M",
      "label": "M1",
      "text": "Section 84 was substituted by S.I. 2005/1433 and amended by section 16(3)(a) of the Financial Services Act 2012 (c.21) and S.I. 2012/1538. Section 248 was amended by paragraph 9(2)(b) of Part 1 of Schedule 18 to that Act."
    },
    {
      "type": "I",
      "label": "I1",
      "text": "Reg. 26 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(2)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2019/657/regulation/26",
    "retrieved_at": "2026-10-28T22:43:31.658757+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}